CAR ARCHIVED November 2017 | Page 16

Market Action Report
Gaston
County: Gaston
Agent Name
Market Action Report
County: Gaston
November 2017
Title
Phone
Agent
Name
Website
Title Other
Phone
Trending versus*:
Website
Month
LM L3M PYM
LY
Other
$199,000
-0%
17%
November 2017
Community Information | School District
Price Range: All | Properties: SFH - Con
Market Profile & Trends Overview
Median
Price
of - Con
all Current Listings
Price
Range: All List
| Properties:
SFH
Trending versus*:
Prior YTD Prior Year
YTD
versus*:
Trending versus*:
$262,258 Trending
0%
13%
L3M 2%
PYM 18%
LY 19% YTD
Prior YTD 11%
Prior Year 10%
4%
$165,880
$199,000 -0%
17%
$203,415 0% 3% 9% 19%
$188,361
11%
11%
$262,258 0%
13%
527 -6%
-24%
$178,990 4% 2% 18% 19%
$165,880
11%
10%
204 -25%
-17%
2,677
-1%
$203,415 0% 3% 9% 19%
$188,361
11%
11%
45 13% 5% -26% -38%
52 -29%
-29%
527 -6%
-24%
$102
3%
3%
12%
11%
$99
8%
8%
204 -25%
-17%
2,677
-1%
$100
0%
2%
8%
14%
$94
9%
45 13% 5% -26% -38%
52 -29%
-29% 8%
2.6
26%
15%
-9%
-22%
2.4
-28%
$102 3% 3% 12% 11%
$99
8%
8% -26%
2%
$100 97.8%
0% 1.9%
2% 1.2%
8% 3.3%
14% 2.8%
$94 96.7%
9% 2% 8%
Average List Price of all Current Listings
Market
Profile
& Trends
Overview
November
Median
Sa les Price
Median List Price of all Current Listings
November Average Sales Price
Average List Price of all Current Listings
Total Properties Currently for Sale (Inventory)
November Median Sales Price
November Number of Properties Sold
November Average Sales Price
November Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
November Number of Properties Sold
November Sold Price per Square Foot
November Average Days on Market (Solds)
November
Supply
of Inventory
Asking
Price Month's
per Square
Foot (based
on New Listings)
Month
LM
$178,990
November Sold
Sale Price
Price
vs Square
List Price
November
per
Foot Ratio
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
2.6 26% 15% -9% -22%
2.4 -28%
-26%
of 96.7%
Properties
97.8% 1.9% 1.2% 3.3% Number
2.8%
2% Sold 2%
November Month's Supply of Inventory
November Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
Property
Sales
350
November Property sales were 204, down 16.7% from 245 in
November of 2016 and 25.0% lower than the 272 sales last
300
Property
Sales 2017 sales were at a mid level compared to 350
month. November
November
Property
sales
were
204,
down
16.7%
from
245
in
250
November of 2016 and 2015. November YTD sales of 2,677 are
November of 2016 and 25.0% lower than the 272 sales last
running 1.0% behind last year's year-to-date sales of 2,703. 300
month. November 2017 sales were at a mid level compared to
200
Number of Properties Sold
3 Mo Avg
250
223
0
50
Prices
Median Sales Price and Average Sales Price
240
297
235
D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N
14 15
16
17
D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N
Median
Sales
Price
and
Average
Sales
Price
3 Mo Avg
14 15
16
17
0
The Median Sales Price in November was $178,990, up 17.9%
Prices
from $151,800 in November of 2016 and up 3.8% from
The
Median last
Sales
Price in
November
$178,990,
17.9% was
$172,500
month.
The
Average was
Sales
Price in up
November
from
$151,800
November
of 2016 and
up 3.8% from
$203,415,
up in
9.3%
from $186,052
in November
of 2016 and up 240
$172,500
last $202,620
month. The
Price in 2017
November
was at
0.4% from
last Average
month. Sales
November
ASP was
$203,415,
up level
9.3% compared
from $186,052
in November
of 2016
up 220
the highest
to November
of 2016
and and
2015.
0.4% from $202,620 last month. November 2017 ASP was at
200
the highest level compared to November of 2016 and 2015.
180
50
100
100
150
150
200
November of 2016 and 2015. November YTD sales of 2,677 are
running 1.0% behind last year's year-to-date sales of 2,703.
3 Mo Avg
3 Mo Avg
220
200
180
160
160 140
140 120
120 100
D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N
16 A M J J A S O N D J F M 17
D J 14 F 15
M A M J J A S O N D J F M
A M J J A S O N
14 15
16
17
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of
1,200
November
was 527,
5.6% available
from 558 for
last
month
The
Total Inventory
of down
Properties
sale
as of and down
1,200
24.0% from
November
of last
November
2017
November
was 693
527, in down
5.6% from
558 year.
last month
and down
1,000
Inventory
lowest level
compared
with November
of 1,000
24.0%
from was
693 at
in its
November
of last
year. November
2017
800
Inventory
at its lowest level compared with November of
2016 and was
2015.
Copyright © Coldwell Banker Residential Brokerage | Price Range: All | Property Types: SFH - Con
Copyright © Coldwell
Residential
c o Banker
ldw
e l l Brokerage
b a n k | Price
e r Range:
h o All
m | e Property
s c Types:
o m SFH - Con
Data is provided courtesy of Charlotte Regional REALTOR Association, Triad MLS, Inc. and may not reflect all relevant real estate activity. Coldwell Banker Residential Brokerage
Data is provided courtesy of Charlotte Regional REALTOR Association, Triad MLS, Inc. and may not reflect all relevant real estate activity. Coldwell Banker Residential Brokerage
does
warrant
or guarantee
accuracy
of this
information.
It is responsibility
the responsibility
any or
buyer
or to seller
verify
and all information
to such consumer’s
estate transaction.
does
not not
warrant
or guarantee
the the
accuracy
of this
information.
It is the
of any of buyer
seller
verify to any
and any
all information
relevant relevant
to such consumer’s
real estate real
transaction.
16 |
.
600
A comparatively lower MSI is more beneficial for sellers while a
A higher
comparatively
lower for
MSI buyers.
is more The
beneficial
for sellers
a 2.6 400
MSI is better
November
2017 while
MSI of
higher
MSI
is better
for buyers.
November
MSI of 2.6
months
was
at its lowest
level The
compared
with 2017
November
of 2016 200
months
was at its lowest level compared with November of 2016
and 2015.
0
and 2015.
8.0
7.0
6.0
5.0
600
4.0
400
3.0
2.0
200
1.0
0
0.0
D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N
D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N
14 15
16
17
14 15
16
17
800
2016 and 2015.
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
100
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0